Stock Worth Watching: Can Diebold Inc’s Tomorrow be Different? The Stock Declines Again

November 15, 2016November 15, 2016Marie Mckinney

The stock of Diebold Inc (NYSE:DBD) is a huge mover today! About 1.74 million shares traded hands or 107.69% up from the average. Diebold Inc (NYSE:DBD) has declined 9.32% since April 13, 2016 and is downtrending. It has underperformed by 13.25% the S&P500.
The move comes after 6 months negative chart setup for the $1.77B company. It was reported on Nov, 15 by Barchart.com. We have $21.43 PT which if reached, will make NYSE:DBD worth $106.20 million less.

Diebold Inc (NYSE:DBD) Ratings Coverage

Out of 4 analysts covering Diebold Inc (NYSE:DBD), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Diebold Inc has been the topic of 10 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Wedbush on Friday, July 31. The stock of Diebold Inc (NYSE:DBD) has “Buy” rating given on Monday, January 25 by Northcoast. The stock of Diebold Inc (NYSE:DBD) has “Outperform” rating given on Thursday, February 4 by Wedbush. Imperial Capital maintained the stock with “In-Line” rating in Wednesday, September 16 report. As per Tuesday, May 3, the company rating was maintained by Imperial Capital. The rating was upgraded by JP Morgan on Monday, September 26 to “Overweight”. The stock of Diebold Inc (NYSE:DBD) has “Neutral” rating given on Monday, August 15 by JP Morgan. The stock has “Buy” rating given by TheStreet on Tuesday, August 25.

According to Zacks Investment Research, “Diebold Incorporated develops, manufactures, sells and services automated teller machines, electronic and physical security systems, various products used to equip bank facilities, software and integrated systems for global financial and commercial markets. Sales of systems and equipment are made directly to customers by the company’s sales personnel and by manufacturer’s representatives and distributors. The sales/support organization works closely with customers and their consultants to analyze and fulfill the customers’ needs.”

Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.22, from 1.21 in 2016Q1. The ratio dropped, as 30 funds sold all Diebold Inc shares owned while 66 reduced positions. 21 funds bought stakes while 74 increased positions. They now own 60.41 million shares or 3.77% less from 62.77 million shares in 2016Q1.
Primecap Mgmt Ca owns 770,000 shares or 0.02% of their US portfolio. The Connecticut-based Mark Sheptoff Planning Llc has invested 0.03% in Diebold Inc (NYSE:DBD). The Maryland-based Brown Advisory Incorporated has invested 0% in Diebold Inc (NYSE:DBD). Paradigm Asset Mngmt Limited Liability Corp reported 3,422 shares or 0% of all its holdings. Hanson Doremus Mngmt last reported 5,722 shares in the company. Carroll Financial Assocs Incorporated holds 0.01% of its portfolio in Diebold Inc (NYSE:DBD) for 1,500 shares. Southernsun Asset Management Ltd Llc has invested 1.87% of its portfolio in Diebold Inc (NYSE:DBD). Huntington Financial Bank last reported 54,292 shares in the company. Jennison Associates Ltd Llc last reported 0.05% of its portfolio in the stock. Commonwealth Of Pennsylvania Public School Empls Retrmt accumulated 0.01% or 12,539 shares. Lapides Asset Ltd Com has 0.35% invested in the company for 77,200 shares. Wells Fargo & Mn owns 2.19 million shares or 0.02% of their US portfolio. Whittier has 5,746 shares for 0.01% of their US portfolio. The Illinois-based Rothschild Inv Il has invested 0.06% in Diebold Inc (NYSE:DBD). Manufacturers Life The last reported 0% of its portfolio in the stock.

Insider Transactions: Since May 23, 2016, the stock had 0 buys, and 1 insider sale for $84,816 net activity. $84,816 worth of Diebold Inc (NYSE:DBD) was sold by COX PHILLIP R on Monday, May 23.

DBD Company Profile

Diebold, Incorporated, incorporated on August 11, 1876, is engaged in the business of financial self-service (FSS) and security solutions, which it integrates based on its customers’ needs. The Company’s divisions include North America (NA), Asia Pacific (AP), Europe, Middle East and Africa (EMEA), and Latin America (LA). The Firm offers an integrated line of self-service solutions and technology, including automated teller machine (ATM) outsourcing, ATM security, deposit automation, recycling and payment terminals and software. The Firm also offers functionality terminals capable of supporting mobile card-less transactions and two-way video technology to support bank branch automation. The Firm supplies ATMs and related services across the world. The Firm through its divisions sells and services FSS and security systems around the globe, as well as elections, lottery and information technology solutions in Brazil other, through subsidiaries, joint ventures and independent distributors in various countries.